Trade Southside Bancshares Inc - SBSI CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.13
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02224 %(-$2.22)Trade size with leverage ~ $10,000.00Money from leverage ~ $$9,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00001 %($0.00)Trade size with leverage ~ $10,000.00Money from leverage ~ $$9,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 10.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02224 %
  (-$2.22)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00001 %
  ($0.00)

Key Stats

• Prev. Close: 30.41
• Open: 30.56
• 1-Year Change: 10.13%
• Day's Range: 30.44 - 31.07

Trade Southside Bancshares Inc - SBSI

About Southside Bancshares, Inc.

Southside Bancshares, Inc. is a bank holding company for Southside Bank (the Bank). The Bank is a community-focused financial institution that offers a full range of financial services to individuals, businesses, municipal entities and nonprofit organizations. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services and safe deposit services. The Bank's consumer loan services include family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer-related loans. It also offers a variety of deposit accounts with a range of interest rates and terms, including savings, money market, interest and noninterest bearing checking accounts and certificate of deposits. Its trust and wealth management services include investment management, administration of irrevocable, revocable and testamentary trusts, estate administration, and custodian services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Southside Bancshares, Inc. interest income decreased 7% to $216M. Net interest income after loan loss provision increased 10% to $206.5M. Net income increased 38% to $113.4M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 3% to 3.16%, Net Interest Spread, Total -% increase of 5% to 3.01%.

Equity composition

Common Stock $1.25 Par, 04/12, 40M auth.Insiders control 9.36%. PO: N/A. 5/00, 2-for-1 stock split; 05/07, 3/06, 3/05, 8/04, 9/03, 8/02, 9/01, 11/00, 9/99, 9/98, 9/93, 9/94, 9/95,9/96,04/08,04/09,04/10 and 04/11, 5% stock dividend.04/12, 5% Stock dividend. 03/13, 5% Stock dividend. 04/15, 5% stock dividend.